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A Company's Cash Ledger Shows an Ending Balance of $5

Question 112

Multiple Choice

A company's cash ledger shows an ending balance of $5 000. Reconciling items included a bookkeeper error of $200 (a $300 cheque recorded as $500) , two outstanding cheques totalling $720, a service charge of $15, a deposit in transit of $180, and interest revenue of $21. What is the adjusted book balance?


A) $4 486
B) $5 194
C) $4 806
D) $5 206

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